Show FAILURE OF S R MARKS CO yesterday afternoon about 4 the following notice was affixed to the window at the establishment of S B R marks co furniture dealers dea jers on south temple street george W willip assignee the announcement though hough brief was an unmistakable one mr marks has been in busl busi ness in this city for upwards of four years and much sympathy will be felt for him in embarrass ment his first venture on cleown his own account was in a room in the old constitution ution building where he opened with a small stock thence he moved subsequently to 19 west temple street but in consequence of his rapid increase of trade he eventually entered upon the fine and commodious promises premises which he occupied at the time of the failure during the sixteen or eighteen months mr marks has baa felt severely like many other local tradesmen the effects of df the dull times and although he strove hla his hardest to make both ends end meet by limiting his pur chasse chases of goods and pushing the collection of outstanding debts he be found himself unable any ADY longer to hold bold off the importunities of his bis creditors and so yesterday the final fina crash came it seems that the rockford Boc kford chair company of rockford ill bad a balance of due them and the albert ross bess furniture manufacturing cow company pany also wanted a matter of 96 on sight eight or they would know the rea fobs why these together with prospective judgments in court left the firm no alternative but to protect its home creditors as best it could thi the d abts of the firm are largely in the value of promissory notes the schedule show ing in favor of the following persons li A sudbury 30 isabella erickson Er icEson 2300 P H young 1600 1500 mrs TG B R smith 1100 W S mccormack Mccorn Mck tek co W Q G davis davie 1000 the assets consist of the stock of goods which roughly estimated is placed at from to the assignees assignee Is deed makes the following the order of distribution first to pay from the firm assets all such debts of said firm as by law are entitled to preference and to pay from the assets of the individuals thereof all euh debts as are by law eu entitled titled to a preference second to pay from the firm assets the costs and charges of these presents and the expenses of executing the trust declared herein third to pay from the firm assets to the employee emp loyes of said partnership and all suns oune of money due to them for services rendered to said firm previous to the date of this indenture fourth with and out of the net proceeds of the separate and individual property of each of said parties of the first part to pay in full his separate and individual loual debts and liabilities and the net proceeds of the separate and individual property of each or either of the said parties of the first part is insufficient to pay bayhi his separate and individual debts and liabilities in full then the proceeds of the individual property of the said party of the first part so insufficient to pay his debts debt and ties in full shall be applied pro rats rata to the payment of the said separate ond individual debts and liabilities if however any surplus remains of the net proceeds of the said separate and individual property of either of said parties of the first part after pay ment of his separate and individual debts and liabilities in full the said surplus shall be applied towards the payment of the partnership co debts and liabilities of the said parties of the first cart |